Is Rogers, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rogers is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Rogers has remained a Seller's Market.

Key Takeaway

Rogers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Rogers, MN cost?

Median Sold Price

$445,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$25,000(+6.0%)

Key Takeaway

Homes in Rogers have sold for 6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $238K$275K
+15.5%
3 $364K$420.5K
+15.5%
4 $443.9K$485.8K
+9.4%
5+ $461.5K$473K
+2.5%

Median Sold Price Compared To Nearby Cities

Rogers
+6.0%
Dayton
+2.7%

How many homes are available in Rogers, MN?

Number of Homes For Sale

Oct 2022Nov 2022%
5752-8.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 55
0.0%
3 1412
-14.3%
4 2728
+3.7%
5+ 117
-36.4%

Number of Homes Sold

Oct 2022Nov 2022%
1210-16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rogers, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days29 Days+74.2%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rogers are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Rogers, MN

There are 52 homes are for sale in Rogers, MN real estate market. Between October 2022 and November 2022, Rogers, MN real estate market has seen decrease in the number of listings by 8.8%. The median list price of listings available in November 2022 was $445,000, while the average time on the real estate market was 29 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 15.5%, the cost of 3 bedrooms properties went up by 15.5%, prices of 4 bedrooms properties increased by 9.4%, the cost of 5 bedrooms properties went up by 2.5%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory decreased by 14.3%, the quantity of 4 bedrooms homes went up by 3.7%, 5 bedrooms homes inventory decreased by 36.4%. Rogers, MN housing market in November 2022 saw over 1 listings sold above listed price, more than 4 sold at listed price and over 5 sold below.

Related Housing Market Reports